Egyptian billionaire Hisham Talaat Moustafa is making a major push into the Middle East’s fast-growing entertainment industry through a new partnership with Saudi Arabia’s Sela, as Gulf money increasingly reshapes tourism, culture and consumer spending across the region. Egyptian billionaire Hisham Talaat Moustafa has partnered Saudi Arabia’s Sela to launch a major entertainment and live…
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General Dagvin Anderson of the United States Air Force (USAF) has outlined a bleak viewpoint on the state of security across Africa. General Dagvin Anderson highlighted worsening security in Africa due to growing terrorist networks and bad actors. Africa’s strategic significance was emphasized, both as a global commerce hub and a key supplier of critical…
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Australian mining company Midas Minerals has reported another round of high-grade copper and silver drill results from its Otavi Copper Project in Namibia, strengthening investor expectations that the southern African country could be home to one of the region’s more significant undeveloped copper discoveries. Australian miner Midas Minerals has announced another round of high-grade copper…
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A newly confirmed rare earth elements (REEs) discovery in Mkiu Village, Ludewa District, Njombe Region, Tanzania, is adding fresh momentum to Africa’s bid to become a critical supplier of strategic minerals key to the global clean-energy transition. A significant rare earth elements (REEs) discovery in Mkiu Village, Tanzania, could make the country a major player…
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Africa’s worsening electricity shortages and rising energy costs are driving a massive surge in demand for Chinese solar equipment, strengthening Beijing’s grip on one of the world’s fastest-growing renewable energy markets. China’s solar exports to Africa jumped 83% in April as countries accelerated efforts to tackle electricity shortages and rising energy costs. South Africa and…
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The Nigerian billionaire, Abdulsamad Rabiu, is quickly approaching a historic financial milestone, as Nigeria’s second-richest man and Africa’s second-richest individual currently has a net worth of $19.7 billion, according to the Bloomberg Billionaires Index. Abdulsamad Rabiu, Nigeria’s second-richest man, now holds a net worth of $19.7 billion according to Bloomberg. Rabiu’s fortune has increased by…
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